Recognized as a Pioneer in the Fast-Expanding Cloud-Based Internet of Things Solutions Marketplace
REDWOOD SHORES, CA – January 27, 2016 – Zyme, the dominant leader in the rapidly growing channel data management (CDM) industry, has been included in the first-ever CIOStory.com list of influential companies in the Internet of Things (IoT) solutions market.
CIOStory focuses on the disruptive power of technology, and consistently features companies that have built better growth models with innovative enterprise solutions. CIOStory serves as an authoritative information source for decision makers striving to identify and rank top-performing companies critical to technology-driven businesses. Incisive study of the current market IT trends, coupled with research and consultations with industry leaders, led CIOStory's editors to select Zyme as one of the “25 Most Powerful IoT Tech Providers.”
For companies that manufacture tangible products, the Internet of Things (IoT) is dramatically increasing the complexity of the distribution of those products through indirect sales channels – distributors, retailers, resellers, and integrators. One recent estimate suggests that, by 2020, more than nine billion IoT devices will be operating in the global marketplace.
This phenomenal growth is placing a strain on companies’ ability to extract rich information from their channels. The need to optimize revenues and profits demands timely and accurate information about partners, and how they influence the end customer buying decision.
As the global leader in the emerging discipline of Channel Data Management (CDM), empowering “The New Smart Channel”, Zyme addresses manufacturers’ needs for information on sales, bookings, inventory, shipments, and events in their distribution channels.
Marketing Chief Steve LaPedis described his company’s position in the CDM, CRM, and PRM industries. “Zyme arms large product companies with decision-grade visibility into their worldwide sales and distribution channels. Sales and marketing execs benefit from more efficient data collection and improved master data and financial reporting. Many of our customers find that our solution pays for itself within the first quarter of implementation, and commonly produces a three-year ROI of 200%.”
Headquartered in Silicon Valley, Zyme was founded by Chandran Sankaran, who brings his prior experience as founder at Closed Loop Systems, (acquired by Lawson Software), plus executive positions at i2 and McKinsey. According to Sankaran, “We saw an opportunity to do for the demand chain what ERP did for the supply chain – replace ad hoc, home-grown systems with a solution that would revolutionize the effectiveness and efficiency of channel sales”.
More information is available at: www.Zyme.com
Zyme is the world’s #1 cloud platform for the emerging channel data management (CDM) space. Zyme empowers the New Smart Channel™, a proven approach to acquiring actionable knowledge that manufacturers need to accelerate partner sales and optimize marketing program ROI. Zyme's flexible, cloud-based solutions facilitate enterprise-grade decisions and reporting compliance by responding to real-time, granular channel intelligence collected from a worldwide channel directory of more than 1.25 million partners. Benefits include better-targeted MDF, co-op, and rebate programs, plus improved segmentation. Industry leaders like Amazon, Dell, Microsoft, VMware, Fujitsu, Plantronics, Honeywell, Xerox, Symantec, Lenovo, GoPro, Armstrong World Industries, and Seagate rely on Zyme. Headquartered in Redwood Shores, CA, Zyme has offices in India, Texas, China, and the UK. For more information, visit www.Zyme.com
David Wright (USA)
MediaBridge Public Relations®
Clare Shephard (UK-Europe-Middle East)
Maillot Jaune PR